Gemstar misses analyst estimates

From Bloomberg News

Gemstar-TV Guide International Inc., the provider of interactive program listings that is being bought by Macrovision Corp., reported a fourth-quarter loss compared with a year earlier, when it had a gain from a legal settlement.

The net loss was $1.49 million, or break even per share, compared with profit of $31.8 million, or 7 cents, a year earlier, Hollywood-based Gemstar said.

Sales rose 7.5% to $155.8 million, missing the $159.2-million estimate of analysts surveyed by Bloomberg.

Gemstar rose 10 cents to $4.64.

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